Omkar Speciality shines on establishing R&D Centre

Omkar Speciality Chemicals Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 533317 | NSE: OMKARCHEM

26 Dec 2011 Evaluate

Omkar Speciality is currently trading at Rs 59.00, up by 0.25 points or 0.43% from its previous closing of Rs 58.75 on the BSE.

The scrip opened at Rs 59.80 and has touched a high and low of Rs 59.90 and Rs 58.25 respectively.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 101.00 on 10-Feb-2011 and a 52 week low of Rs 26.65 on 22-Mar-2011.

Last one week high and low of the scrip stood at Rs 65.00 and Rs 54.00 respectively. The current market cap of the company is Rs 115.81 crore.

The promoters holding in the company stood at 58.87% while Institutions and Non-Institutions held 11.10% and 30.03% respectively.

Omkar Speciality Chemicals has set-up a research and development (R&D) Centre at the company’s Corporate Office, MIDC, Badlapur, Thane in Maharashtra. The facilities and infrastructure at the company’s R&D centre have been audited by the Government of India Ministry of Science and Technology, Department of Science and Industrial Research, New Delhi and the company has been accorded the recognition by Department of Scientific and Industrial Research vide their letter dated November 28, 2011 in this regard.

This R&D Centre will endorse the company’s abilities and infrastructure for undertaking Research activities. It will also strengthen opportunities for undertaking custom synthesis and Research work for renowned MNCs and other industries.

Further the R&D centre may qualify under Income Tax Act, 1961 for relevant benefits. It will also create identity across globe.

Omkar Speciality Chemicals is mainly engaged in the manufacture and sale of speciality chemicals viz., selenium compounds, iodine compounds, molybdenum compounds etc. and pharma intermediates viz., Potassium Iodate, Bismuth Ammonium Citrate, Bromoform etc.

Omkar SpecialityChem Share Price

3.60 0.00 (0.00%)

28-Apr-2026 16:59 View Price Chart

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